Lisa DeJong, The Plain Dealer Zydrunas Ilgauskas responds to a standing ovation from a Quicken Loans Arena crowd after breaking Brad Daugherty's team record for career rebounds in 2008.BOSTON -- Zydrunas Ilgauskas isn't a Cavalier, but he's soon no longer going to be a Washington Wizard.

The Wizards and Ilgauskas agreed to terms on a buyout of his contract Wednesday night and all that is left to be done is paperwork to be finalized.

A source said Ilgauskas got the deal done by agreeing to give back around $1.3 million to the Wizards from his $11.5 million salary. He will be able to recoup that by signing with another team if he so chooses.

Once the buyout becomes official, the Wizards will put the veteran center on waivers. He will clear waivers 48 hours later because no team has enough salary cap space to claim his contract. He would then become an unrestricted free agent.

It is expected Ilgauskas will listen to offers from a handful of teams, with the Dallas Mavericks and Denver Nuggets expected to be the most vigorous contenders. Of course, the Cavs will be involved. All three teams have their $1.99 million bi-annual exception to offer and can offer a $1.3 million veteran's minimum contract.

Ilgauskas, who is widely expected to return to Cleveland, can sign with any team but the Cavs as soon as he clears waivers. If he chooses to re-sign in Cleveland, he would have to wait under March 21 under NBA rules.

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